Cobija was founded in 1906 by Colonel Enrique Cornejo, originally under the name of Bah�a and received its current name in 1908 in commemoration of the former Bolivian seaport Cobija on the Pacific, which has been a part of Chile since the War of the Pacific. In the early 1900s, Cobija experienced a boom as an India rubber industry center. When the industry collapsed, a major source of income being lost, Cobija became impoverished and its population fellk. Nowadays, Cobija is developing again and its population is increasing. Currently, the region's primary industry is [[Brazil nuts], although tourism and commerce are growing]
